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Question 2 ( 8 points ) You are thinking of opening a copy shop. It costs $ 8 0 0 0 to rent a copier
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You are thinking of opening a copy shop. It costs $ to rent a copier for a year. It
costs $ per copy to operate the copier. Other fixed costs of running the store
amount to $ per month. You charge an average of $ per copy. You are open
days per year. Each copier can make up to copies per year.
a Using Excel, construct a twoway profit table number of copiers on the left
running top to bottom and daily demand on the top running from left to right for to
copiers rented and daily demands of and copies per day. That
is compute annual profit for each of these combinations of copiers rented and daily
demand.
b Given that you rent three copiers, what daily demand for copies will allow you to
break even? Draw a breakeven graph to show this breakeven relationship.
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